Japan's SoftBank to buy ARM holdings

Hopefully, even though it doth butter no parsnips, the Japanese won't be so quick to reduce headcount/strip assets/move it all abroad as the Americans seem to.
 
StriderX said:
Inb4 700 job losses for "restructuring".
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The sort of people who work for ARM, you'd be mad to make them redundant at the moment. Indeed as stated the plan is to double the workforce in the UK so the biggest problem is going to be keeping hold of these guys.

Not sure how I feel about this; on the one hand it's never nice to see a great British company get bought by a larger foreign company. On the other hand though it's a great vote of confidence in post-Brexit Britain by a foreign giant.
 
A sad day for British technology. :(

Good luck to all of my friends who work there. It's going to be an interesting time.
 
Apparently, they'll be staying in Cambridge and will double the workforce in five years.

Hope they'll hold that promise! I half expected Apple to make the purchase!
 
Marky said:
Apparently, they'll be staying in Cambridge and will double the workforce in five years.

Hope they'll hold that promise! I half expected Apple to make the purchase!
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One can hope. But business is business.

Didn't Kraft promise to keep that Cadbury factory open with 1000+ jobs safe when they bought them, only to shut it and **** off?
 
So frustrating, one of my favourite stocks that has served me well and I don't currently hold them.. 43% rise.

Did get lucky a few years ago with the HP buyout of Autonomy though.
 
We'll find out how much May meant her words criticising takeovers of British business soon enough.

This should be blocked, ARM is too valuable a British company to allow it to go into overseas ownership. Funny how things work out: a company spun out of the failing ashes of Acorn (itself built on the success of the BBC Micro) goes on to be a world spanning giant.
 
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